EU adopts new VAT rules for e-commerce
11 December 2017
On 5th December 2017, the Council of the European Union adopted new VAT rules, designed to simplify e-commerce. According to these rules:
Simplification measures will apply to all intra-EU supplies of services from 2019 onwards. Taxable persons not exceeding an annual total value of €10,000 in connection with such services may continue to apply the VAT rules of their home country.
The one-stop-shop scheme will be extended to distance selling of goods (both intra-EU and from third countries) from 2021. At the same time, the small consignment VAT exemption will be eliminated. Taxable persons not exceeding an annual total value of €10,000 in connection with such supplies may continue to apply general VAT rules.
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